When you decide that the time is approaching to put your home on the market, you probably take special interest in exploring the conditions that are likely to motivate families to buy your Missouri City house. Most of the research on the subject indicates that it has at least as much to do with how people live their lives as it does with external forces--like changes in the economy or jobs market. When you spend as much time as I do chatting with people who are in the hunt to buy a house, you’d … [Read more...]
Freddie and Fannie—and Missouri City Home Loans
We all remember Freddie Mac and Fannie Mae, the twin quasi-public organizations who backstopped the home loan industry for the whole country. Freddie and Fannie were thought by some to be on the verge of extinction during the home loan crisis, but they revived when Washington stepped in. Freddie’s latest quarterly financials show assets that have a small ‘t’ in front of the number (that’s short for ‘trillions’), so it looks like they aren’t about to go out of business. In fact, whenever one of … [Read more...]
